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Author Topic: At this bullish season, bullish person is always right?  (Read 322 times)
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May 08, 2021, 10:34:26 AM
 #21

Doge pumping on every bull run seems to become normal, but this time is different for Doge.
That's why I can say that this bull run is totally different from all the previous bull runs, especially the recent one.

The saying I heard always is "Everything is right when it is bull run", it's probably everyone is buying. But they should be responsible.

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May 08, 2021, 12:37:46 PM
 #22

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.

Well, not all the time though garbage coin will stay garbage unless there will be someone who will hype that coin as Elon does on the DOGE coin. Altcoins can be more profitable than Bitcoin the fact that they are more volatile compare to BTC but of course, it has a higher risk. Regarding your question, I think it is still much better to believe in an expert because they have fundamental analysis but right now the market is more likely run by FOMO or something so I think there's no problem with riding them because as they say follow the trend but do make sure that you should know your limitation and know when to make an exit.



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May 08, 2021, 02:02:11 PM
 #23


if it weren't for elon, dogecoin will be nothing. no matter how we despise dogecoin for being a joke, it's still going to go up because of him. to da moon!
there are many coins today that you don't expect to have value after the team dumped their unlocked tokens, you right that you can assume they are all pumped by its team to once again make it appear that it's a good investment.

Dogecoin was not nothing before Elon came though. The community is very old and very active even before he arrived. You think elon would be developing it or anything? Elon made it popular,,, this is all he did. And he did it for sure because he also has a stake in it. There will be blood when he does decide to leave.

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May 08, 2021, 02:05:43 PM
 #24

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
The biggest news this year is Doge Coin nobody saw this coming, I guess the majority of investors here are still going for the hype and where the profits are, FOMO is still ruling the market, it's risky to get involve on Fomo, but I doubt if they can sustain this in a long haul, Bitcoin is still the safest investment, we cannot stop people from getting involved on FOMO as long as they know the risk and they know the right time to do an exit.

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May 08, 2021, 03:52:18 PM
 #25

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
I personally prefer analysis from expert people to predict where the market will go, rather than depending too much on Fomo hits, as is the case with Dogecoin today, when we trust Fomo too much, of course we will be panic and off guard when suddenly Fomo ends and of course This will be very detrimental to us when we are trapped in high prices when Fomo hits, but I agree as I said if we can use Fomo for short-term trading because that way we can control profits and losses in trading, but make Fomo a trading reference long term course will be very dangerous.

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May 08, 2021, 06:44:37 PM
 #26

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
The biggest news this year is Doge Coin nobody saw this coming, I guess the majority of investors here are still going for the hype and where the profits are, FOMO is still ruling the market, it's risky to get involve on Fomo, but I doubt if they can sustain this in a long haul, Bitcoin is still the safest investment, we cannot stop people from getting involved on FOMO as long as they know the risk and they know the right time to do an exit.

I think Doge FOMO will continue, they are looking for their next stop, which is $1.00, currently at $0.65. While bitcoin is having a good and steady increase in the last 3 days, now it's $59k and still going up. So definitely we want a steady but sure bump in the price as compare to altcoins which massive growth and then dumping hard.

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May 08, 2021, 10:05:59 PM
 #27

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
I think one shouldn't take investing inspiration from something like Dogecoin, we all know it's a meme coin. Has no real purpose and no real utility and just being floated up by fake pumping. Actually, all these things happen because cryptocurrency market is a very new market and is so far driven only because of the mammoth returns that it provides in a very short span of time. But the question is whether you should trade/ invest in the expert way or enjoy FOMO, honest answer is to do both things. Keep a decent amount of your capital for purpose of investment into some good coins, for example, some coins like Uniswap, 1Inch & Solana grew this much because of their utility keep some bag of money in these coins and keep some money ready for shit coins like doge coins, this way you can enjoy both the things in a very fruitful manner.
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May 08, 2021, 10:39:54 PM
 #28

Indeed, in the bullish season we will see almost crypto currency price will be pumped although the altcoin is a gerbage coin. Take a look to the bull marker 2017 ago, how much a gerbage altcoin that pumped? I guess it is almost altcoin in the crypto currency.

But, we can differentiate between a gerbage altcoin and a good altcoin. A gerbage altcoin will get a dumped a lot when the bullish season is over but a good altcoin will not do that. Like doge coin now, although the coin price is being pumped but if there is something bad happen the coin price will be dumped a lot in a few time.
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May 08, 2021, 11:50:59 PM
 #29

It seems to me that people are still in FOMO waiting for it to touch the $1 and it's so funny that most people consider this as a new Bitcoin. lol It's just being hyped by Elon Musk and nothing else, he just invested on it as a joke and people now are considering this as the next Bitcoin.

It may be on its top right now but when the bear season come, I don't think people would be happy to still hodl it in the long run. Unless Elon Musk try to pump it back again and that would be ridiculously funny. People should invest ETH or Bitcoin after getting profit from it or else there will be a holding forever of a shitcoin.

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May 09, 2021, 12:00:00 AM
 #30

Doge wont get 51% until it falls into a slack state and is cheaper on the way down then its profitable to double spend I guess.   ETH is being accumulated for the proof of stake, that change in meta is likely helping it for this year or until that idea fails which Im not sure it will.

To be bullish while the underlying trend is rising is always going to be correct even if you are wrong for a few days, makes it much easier when we just fall uphill.   Invariably we get too many people guessing or hoping upwards, even worse if with leveraged money and then it has to reset at least some in order to continue properly.

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May 09, 2021, 06:01:32 AM
 #31

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?
You can still remain firm with your belief that it's a shitcoin and earn from other coins or tokens. You don't have to ride the Doge FOMO since it's too pumped now. Do you still remember the question asked by redditors a.k.a WSB before all these Doge craze started? "Has Doge reached $1?" It will peak around that level or $2 tops until this bullrun ends.


I can't believe Elon's fomo will continue to be aftersales all this time.  There will come a time when it has to end.  It is a serious problem for new investors.  with my own Dyor, I will not let others hold the reins and I will not seek blindness.  If you go through 2018, things will gradually clear up.  ETH gained traction by being serious, Doge didn't.  I always doubt that.  Focusing on BNB, ETH, I have almost no insomnia Smiley)

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May 09, 2021, 08:43:38 AM
 #32

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
I prefer to believe in myself and not others experts because they do not always know what we search for and they can not always answer the question from us. Besides that, I follow the FOMO and enjoy cashing out because I am waiting for a long time to make the biggest profit from Dogecoin and I am sure many people are making a lot of money.

The bullish person is not always right because that depends on the person itself. But Elon can move the price to surge to the high price while the other people can not move the price like Elon.

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May 09, 2021, 11:38:16 AM
 #33

I think Doge FOMO will continue, they are looking for their next stop, which is $1.00, currently at $0.65. While bitcoin is having a good and steady increase in the last 3 days, now it's $59k and still going up. So definitely we want a steady but sure bump in the price as compare to altcoins which massive growth and then dumping hard.

I'm not sure If Doge will bounce back up to $1 after It fell down after the Elon Musk SNL appearance.
I thought It would help Doge to pump even more prior to his appearance, but It turns out the other way around.
I'm expecting more from Elon after this huge plunge.

On the other hand, Bitcoin still at the bullish range with a strong $60,000 resistance. No signs of bearish movements yet, and this is what Bitcoin separates from the rest of the alts in the market. It doesn't need someone trying hard to pump it. Instead, it pumps because it gets more demand as time passes by.

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May 09, 2021, 11:46:45 AM
 #34

Doge wont get 51% until it falls into a slack state and is cheaper on the way down then its profitable to double spend I guess.   ETH is being accumulated for the proof of stake, that change in meta is likely helping it for this year or until that idea fails which Im not sure it will.

Would get really expensive now though to 51% attack DOGE would it not? Of course nowhere near as expensive as other most coins I guess but still very expensive for something that the good actors would just go and reorganize right?

ETH going through holding for sure, wallets are growing fatter every day.

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May 09, 2021, 12:04:45 PM
 #35

It has become a craze. So this means things are temporary.

In terms of fundamentals, there is no heavy reason for Doge to become what it has become today. But since there are influential people who are riding with this craze, the meme coin becomes a very valuable coin. What matters really is demand. And demand is not always grounded on deep analysis and dependable features.

For now, it is easier to make money with Doge and other altcoins compared to Bitcoin. If your priority is to make money, you don't care much if a coin is only based on hype.
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May 09, 2021, 02:06:37 PM
 #36

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
If must pick i will pick ride with fomo. Because mostly it is really happened, the pump. About how people lose or profit, i think it is all depends on what they aim in profit. If me, although it is very risky, maybe i prefer to buy coins that already pumped and aim for less than 10% profit and then sell my coins immediately. But in practice, it is really hard and i keep end with lose. But i don't have other choices because i can't analyze market.

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May 09, 2021, 03:14:49 PM
 #37

I love to hear your thoughts, I feel like it's becoming like a bubble already.
Dogecoin already become a bubble after hit $0.7 and boom, the price now is down deeper and even it reaches $0.4-$0.5, which we do not know if the price can back to $0.7 again.
Whenever the price can increase so high, we need to be careful because the price can make a correction and we do not know how deep the price will go down.
But I do not just believe what the experts say because we do not know if they really know what is happening to the crypto market.
I prefer to search for more information about the crypto market by myself than just listening to them.
Maybe we can use their info for our research to find more sign about the crypto market.
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May 09, 2021, 04:25:31 PM
 #38

do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?
Honestly I will not invest into any of new coins without having strong due diligence. It means I may not bother any of FOMO. At the same time I'm not coming across any expert to guide me on where to invest and what should be avoided. Even in the trend of bullish markets, I'm not speculating much with any altcoins but just believing into the future of bitcoin hence simply holding it.

Bullish persons cannot be right all the time because I have seen many of them got trapped in the middle by short-term to mid-term corrections. Moreover, I do not believe into having one-sided mindset. Because, that will lead you to missing all other precautions.
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May 09, 2021, 05:51:55 PM
 #39

Doge has never been a garbage coin before, I recalled it has marketcap of over $200 million or more when its price was at its lowset in 2020, it is not a shit coin.

This is altcoins season, that is why the price of altcoins are increasing, but the bear season may still come, this will really be dawned on altcoins.
The doge was normal altcoin in past but now it has become a more centralized currency which is operated by social influencer which is pushing Dogecoin into ponzi pryamids.His tweets decide the Dogecoin prices and he have surged the prices to 60 cents but now he has just turned the stones in opposite direction by calling doge investment as "hustle" due to which prices have plunged 30-35% on CMC.People are cashing out their returns and so the market is crashing.This is what happens with most of the shitcoins in the market like huge pumps once and then market crash and same thing is happening to doge at this time.A meme coin which surpassed the valuation of top Companies like Ford,Honda,Starlink just because of some influential tweets from Musk and Mark Cuban.It might not be bad investment option in past but now it has turned out to be phisshy coin which will soon crash further.

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May 09, 2021, 06:33:04 PM
 #40

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.

Dogecoin is the bubble craze phenomenon this year. Many people prefer hype for fear of missing out. For this, I warn novice investors to be careful in buying Doge. the instrument may have a high value due to speculation in the market. Even though the intrinsic value is very low. Before buying, don't expect that the price will continue to go up and not be detrimental.

Don't get caught up in FOMO. novice investors, often fall prey to social bias from being led to invest more. Trust me, you (novice investors) will not know that Dogecoin's increase is true value or just speculative value. Investors should not invest more in Dogecoin instruments than they can afford to lose.

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